Rarible Analysis ;RARI/USDT Update 📈📉HEY, what's up guys and girls ?!
Since 07 Mar 2021 when I posted the last analysis for Rarible , it has been declining till now .
although it was able to re-bounce on my entry point and raised a little , but due to market
condition wasn't able to see higher targets and decreased!
So today as you see on the weekly timeframe again for RARI/USDT , It recently Re-bounced exactly on the demand zone by more than 100% growth ! but now struggling with an important pivot zone so may get rejected here again to see the lower zone and may for w pattern ! but if it be able to overcome this zone then can see higher resistance zone and also it should breakout descending trendline to see the higher zone and likewise it can even test VWAP line , but it will likely get rejected again from one of these R resistance zone .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
RARIUSDT
RARIBLE/USDT1. 85% Discount from ATH
2. MFI broke above 50
3. Bullish MACD histogram divergence
4. Provided the market is generous, we could see at least a 50% (T1) increase from the current price.
5. Not Financial or investment advice; what you see in the chart is one of the steps on how I select what to risk my money in. Always DYOR.
6. Comments and feedback from anyone experienced in trading are very welcome as I hope to continue learning this skill.
RARIUSD - Symmetrical Triangle|Possible BreakoutHello everyone,
For those who's still waiting for RARI to pump, we are getting closer and closer everyday.
RARI's making a big development in matter of NFT marketplaces, by integrating OpenSea into their's.
There are some resistances that we will met on our way to $80, which can be easily passed.
This is not a trading advice,
St.Gex
RARI inside falling wedge#RARI/USDT
#metaverse token
$RARI broke out from descending resistance and still hold above support zone between $12.29 and $12.83.
holding this support will lead price upward to touch upper line of long term falling wedge.
break out from wedge pattern can increase price toward $20 and in long term we may see $30.
but break below support zone will drop price to lower line of falling wedge around $9
tip: frenzy of NFTs tokens ! RARI/USDT analysis🌟Rarible 🌟is the first community-owned NFT marketplace
Create, sell or collect digital items secured with blockchain
If you are an avid follower of the crypto and altcoin market, odds are you have heard of Rarible. Rarible brands itself as the world’s first “community-owned NFT marketplace”. Furthermore, Rarible leverages its RARI token - which, similarly, is the world’s first governance token in the NFT field - to power this community-run platform model. In giving users a token with governance powers, Rarible is borrowing a page from the DeFi playbook. Now it remains to be seen whether this strategy will work in the NFT space as well.
Blockchain technology can be used for a wide variety of purposes. Cryptocurrencies and tokens are just one possible option to explore. Digital collectibles, secured with blockchain technology, is what Rarible is all about.
❇️The Rarible Vision Explained:
Many artists around the world want to share their vision with a global audience. That is certainly possible, but monetizing content has proven to be an immense challenge. Moreover, there is always the threat of someone stealing one’s artwork and using it for their own purposes. Blockchain technology can be of great use, with the help of platforms such as Rarible.
Through this platform, it becomes very easy to not only create, but also sell digital artworks and collectibles. Creators will be able to prove they are the creator, as the blockchain provides an immutable record. More importantly, this marketplace makes it very easy to monetize one’s hard work.
Known as Non-Fungible Tokens, or NFTs, Rarible is primarily designed to trade and sell unique or limited-edition creations. Following the video on the website, it is very easy to connect one’s wallet and gain access to the marketplace. Creators can choose the asset they want to sell, give it a name and description, and determine their own pricing for it.
❇️Great for Cheap and Expensive Art Alike
Contrary to what one may think, there are plenty of creations selling or decent money through Rarible. One recent work, called “yinsure”, sold for 60 Ether, or over $22,500. Artists who create less complex and time-consuming will still have a good shot at finding a buyer willing to part with his or her money.
The Rarible market place is providing a home for many different artists around the world. Whether it is true art, memes, or any other unique creation, it can be sold on the platform for whatever price one sees fit. More unique creations will often attract more attention.
❇️Several Payment Methods
Paying for art or collectibles on Rarible can be done in many different ways. Ethereum is the most obvious choice, but various ERC20 tokens can be used as well. Wrapped Ether, Dai, OMG, LINK, ENJ, and others are all supported. There is no option to pay with traditional payment methods, as that is not what this marketplace is designed for.
In the end, it is a great way for new and aspiring artists to gain some recognition at an early stage. Even though Rarible is primarily known among cryptocurrency enthusiasts, it is a very strong and growing community. Any effort to make a difference in other people’s lives is worth exploring.
(Refrences :cryptomode - rarible website )
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart for RARI, The current price roam about 28 $,
Although this currency has not been added to the market for a long time, we can imagine two different patterns of cup and A flag at the same time, which give us almost certain targets.So Reaching the first target about 70$ is not unlikely even in the short term, but the next goals depend on conditions of crypto market and the green market .
Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
Rarible: RARI - Value Buy Zonerarible.com is an Ethereum NFT market that makes it easy to mint, buy and sell NFTs.
Using GANN and TRENDLINES we can see that RARI is coming into a good value buy position. I think the market is in a pro-curious state right now so am holding out for the possibility of cheaper buys indicated by the green box, and the more yellow box being target if there is a Evergrand related black swan or something.
Who knows at the moment but if market conditions were healthier, or to get better then RARI is at a good buy point for long term hodl or medium term trade.
Not financial advise, just sharing my ideas.
Thanks!
Rarible - RARI to Explode in 2021 - $500 to $1k per coin by DecRarible is the Uniswap for NFTs! I've been accumulating RARI from $5 to $20 the past couple weeks and plan to buy more.
This one is a low cap crypto gem hidden in plain sight with 25x to 50x potential from current levels. $100 likely come by end of Q1 with a target range of $500 to $1,000 per coin by end of the year.
This leading NFT Marketplace just closed a $1.75M seed investment from from 1kx, Coinbase Ventures and CoinFund... and expect there will be a Series A and Series B round over the course of this year.
I also suspect many high profile investors are about to pile in on RARI or already have and will publicly announce soon.
www.coindesk.com
Rarible has recently garnered celebrity attention. Rapper Soulja Boy created his own NFT in his likeness followed by Dallas Mavericks basketball team owner Mark Cuban, who sold his NFT at auction for 30 ether (ETH) worth some $15,000.
Enjoy the ride!
-Crypto Ryno